Genus Power Infrastructures Ltd reported an outstanding order book of over Rs.25,000 crore as of March 31, 2026.
In a release, Genus Power said that as on March 31, 2026, the company’s total order book including all SPVs and GIC Platform stood at about Rs.25,173 crore (net of taxes). These orders mainly relate to smart meter concessions and these are for 8-9 years, the company added.
During FY26, the company crossed the milestone of cumulatively installing more than 1 crore meters under the RDSS programme. Genus Power today has a manufacturing capacity of over 18 million smart meters annually that will enable supply to the company’s own AMISP projects as well as to other AMISP operators.
Landmark performance
Commenting on the performance Jitendra Kumar Agarwal, Joint Managing Director, Genus Power Infrastructures said, “Genus Power Infrastructures Ltd delivered a landmark performance in FY26, reflecting the Company’s strong execution capabilities, deep domain expertise in advanced metering infrastructure services (“AMISP”) and sustained momentum in India’s smart metering transformation journey. During the year, the company witnessed accelerated execution across multiple projects under the Revamped Distribution Sector Scheme (RDSS), supported by large-scale rollout activities, increasing operational go-live (OGL) milestones and strong traction across key state utility programs. The company achieved significant growth across revenue, profitability and project execution metrics, supported by healthy order book conversion and disciplined operational management.
During the year, Genus Power crossed the milestone of installation of more than 1 crore smart meters under RDSS programs, further reinforcing its position amongst the leading smart metering players in the country. The company also continued to maintain strong manufacturing throughput, with manufacturing capacity currently exceeding 18 million meters annually, enabling it to support both captive AMISP requirements as well as supplies to utilities and other AMISP operators. We remain highly confident on the long-term opportunity landscape, as against an estimated requirement of over 31-32 crore smart meters in India, only around 15.6 crore meters have so far been tendered, indicating a substantial multi-year growth runway for the industry and the company.”
Also read: Genus Power crosses 26-million smart meter deployment worldwide
Featured photograph (source: Genus Power) is for representation only